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NADA Guide predicts year-old Leaf will retain 95% of value

Automotive News -- The NADA Official Used Car Guide has added average trade-in values for 1-year-old Chevrolet Volt and Nissan Leaf sedans to its used-vehicle value listings. Both cars plug in.

In its June edition, the NADA Guide will project the average trade-in value for a typically equipped 2011 Leaf SV electric car at $23,975 -- 95 percent of its sticker price of $25,280, after the $7,500 federal tax credit available to buyers who purchase the vehicle new.

The projected trade-in value of the 2011 Volt, which runs on electricity and gasoline, was said to be...

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Submitted May 30, 2012 By: StanleyCup

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honda0105 Champion Author Tallahassee Posts:18,818 Points:1,636,245 Joined:Nov 2008	Message Posted: Jun 1, 2012 5:45:10 AM Ignore honda0105 Report Abuse predictions are just that... best guesses. Time will tell....
sparky808 Champion Author Honolulu Posts:3,139 Points:624,685 Joined:Sep 2011	Message Posted: May 31, 2012 1:01:41 PM Ignore sparky808 Report Abuse Wow. That's amazing.
JoeKR Champion Author New Jersey Posts:9,604 Points:1,761,590 Joined:Feb 2006	Message Posted: May 31, 2012 10:05:23 AM Ignore JoeKR Report Abuse It's all guess work but given it's the bible, self fulfilling!
wulf2000 Champion Author Miami Posts:3,156 Points:1,411,580 Joined:May 2005	Message Posted: May 31, 2012 12:11:24 AM Ignore wulf2000 Report Abuse Predictions, predictions. Let us see if NADA is correct one year from now.
suzmar Champion Author Texas Posts:2,223 Points:896,185 Joined:Jun 2006	Message Posted: May 31, 2012 12:03:59 AM Ignore suzmar Report Abuse I think there will be a very limited market for these vehicles.
pgerassi Champion Author Milwaukee Posts:11,036 Points:2,159,245 Joined:Apr 2007	Message Posted: May 31, 2012 12:03:12 AM Ignore pgerassi Report Abuse ok
Zonk Champion Author Michigan Posts:6,616 Points:2,129,490 Joined:Oct 2005	Message Posted: May 31, 2012 12:02:01 AM Ignore Zonk Report Abuse Electric is not in my future.
mfeldstein Champion Author Ottawa Posts:8,296 Points:1,955,255 Joined:Feb 2007	Message Posted: May 30, 2012 11:58:42 PM Ignore mfeldstein Report Abuse I wouldn't buy a used one at that price. I don't think many others would either.
mgune9 All-Star Author Dallas Posts:914 Points:200,395 Joined:Feb 2012	Message Posted: May 30, 2012 11:56:58 PM Ignore mgune9 Report Abuse over-priced and won't be generally accepted
tco9436 Champion Author Connecticut Posts:1,807 Points:743,650 Joined:Mar 2010	Message Posted: May 30, 2012 11:56:43 PM Ignore tco9436 Report Abuse Great!
Goody2317 All-Star Author Wilmington Posts:680 Points:636,855 Joined:Jun 2008	Message Posted: May 30, 2012 11:56:22 PM Ignore Goody2317 Report Abuse Still way over priced. and still not worth the investment.
FrankTA2 Champion Author New York Posts:4,405 Points:1,120,825 Joined:Jun 2007	Message Posted: May 30, 2012 11:55:50 PM Ignore FrankTA2 Report Abuse It's an ugly car.
dabbadu Champion Author New York Posts:1,056 Points:681,255 Joined:Feb 2011	Message Posted: May 30, 2012 11:53:07 PM Ignore dabbadu Report Abuse Predictions, predictions.
USAv8tor Veteran Author Long Island Posts:348 Points:139,115 Joined:Mar 2012	Message Posted: May 30, 2012 11:49:29 PM Ignore USAv8tor Report Abuse All those hybrids are not worth the price.
AnObserver Champion Author New Jersey Posts:8,489 Points:2,284,505 Joined:Sep 2005	Message Posted: May 30, 2012 11:46:20 PM Ignore AnObserver Report Abuse Not bad - if there is a secondary markey for used Leafs (Leaves?). Around our neighborhood we just burn them.
sillywagon Champion Author New York Posts:15,113 Points:1,468,070 Joined:Oct 2008	Message Posted: May 30, 2012 11:44:22 PM Ignore sillywagon Report Abuse Fuzzy math!!! If you use the sticker price BEFORE the tax credits... it's more like 20% lost value in the first year for Volt and Leaf.
abcdMA Champion Author Worcester Posts:8,052 Points:1,600,730 Joined:Nov 2008	Message Posted: May 30, 2012 11:44:18 PM Ignore abcdMA Report Abuse read the print---it retains 95% of the price AFTER the $7,500 federal tax break, in other words, the car loses about 27% in the first year
outlaw329 Champion Author Austin Posts:7,734 Points:1,398,915 Joined:Aug 2008	Message Posted: May 30, 2012 11:41:54 PM Ignore outlaw329 Report Abuse Not getting one!
DustyHorse Champion Author Virginia Posts:6,219 Points:1,416,805 Joined:Oct 2008	Message Posted: May 30, 2012 11:40:54 PM Ignore DustyHorse Report Abuse Interesting, I would think the price would drop significantly due since one year has been taken off the life of the battery.
billy44bo Champion Author Mobile Posts:7,333 Points:1,516,490 Joined:Feb 2008	Message Posted: May 30, 2012 11:40:17 PM Ignore billy44bo Report Abuse Still will not get one
ezone Champion Author Florida Posts:2,455 Points:965,565 Joined:Oct 2008	Message Posted: May 30, 2012 11:40:08 PM Ignore ezone Report Abuse It's hard to imagine anyone in even NEAR possession of their faculties (in other words, not a complete idiot) putting that kind of money into a Volt, new or used.
DEG Champion Author Las Vegas Posts:17,740 Points:3,518,505 Joined:Jul 2003	Message Posted: May 30, 2012 11:39:54 PM Ignore DEG Report Abuse End the giveaway of taxpayer $$$. It is nonsense to give the rich and upper middle class a $7500 tax break at the expense of the poor and middle class.
vrossi46 Champion Author San Jose Posts:2,797 Points:829,695 Joined:Oct 2008	Message Posted: May 30, 2012 11:38:40 PM Ignore vrossi46 Report Abuse so the only thing propping it up to 95% is the fed tax credit
rf6480 Champion Author Miami Posts:1,583 Points:569,785 Joined:Mar 2011	Message Posted: May 30, 2012 11:38:38 PM Ignore rf6480 Report Abuse Great, still can't afford one. Looks like it looses a lot more than that. What happened to the $7500? [Edited by: rf6480 at 5/30/2012 11:39:48 PM EST]
AUREOLAE Champion Author Oakland Posts:3,364 Points:801,165 Joined:Jan 2004	Message Posted: May 30, 2012 11:37:49 PM Ignore AUREOLAE Report Abuse I'm sure that'll be an option soon enough (battery insurance). Insurance is sold for everything else that might happen.
nwsynthetics Champion Author Oregon Posts:1,019 Points:354,400 Joined:Dec 2011	Message Posted: May 30, 2012 11:37:36 PM Ignore nwsynthetics Report Abuse Lovely............
bcok Champion Author Los Angeles Posts:2,176 Points:1,554,545 Joined:Oct 2005	Message Posted: May 30, 2012 11:34:53 PM Ignore bcok Report Abuse Can we get battery insurance?
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,580 Joined:Oct 2008	Message Posted: May 30, 2012 11:34:20 PM Ignore LCSTEELERBOB Report Abuse yesterday ???
Tucker16 Champion Author Ottawa Posts:1,191 Points:564,200 Joined:Jul 2006	Message Posted: May 30, 2012 11:33:32 PM Ignore Tucker16 Report Abuse Meh.
Wierbe Champion Author Cincinnati Posts:3,887 Points:1,145,840 Joined:Apr 2006	Message Posted: May 30, 2012 11:33:19 PM Ignore Wierbe Report Abuse Let's see where the car's value goes as the batteries approach the end of their life.
BlueberryFocus All-Star Author Rochester Posts:553 Points:129,510 Joined:Feb 2012	Message Posted: May 30, 2012 11:30:06 PM Ignore BlueberryFocus Report Abuse I think this is a good thing, they are holding their value.
mstearno Champion Author Dayton Posts:8,174 Points:1,755,920 Joined:Jan 2008	Message Posted: May 30, 2012 11:27:10 PM Ignore mstearno Report Abuse pipe dream
LV_Mike1 Sophomore Author Las Vegas Posts:229 Points:46,540 Joined:Aug 2003	Message Posted: May 30, 2012 11:26:46 PM Ignore LV_Mike1 Report Abuse The thing I'll never understand is WHY they discarded the EV1 and they're making such a fuss over these two cars...the Volt and the Leaf. The EV1 made these two cars look like **** both in aesthetics and mileage and speed. I will NEVER understand it!
Kaiyne Champion Author Chicago Posts:2,475 Points:499,440 Joined:Feb 2011	Message Posted: May 30, 2012 11:26:14 PM Ignore Kaiyne Report Abuse ok.
jjfisher All-Star Author Toledo Posts:558 Points:770,480 Joined:Aug 2008	Message Posted: May 30, 2012 11:25:29 PM Ignore jjfisher Report Abuse interesting
liz72601 Rookie Author Arkansas Posts:48 Points:171,685 Joined:Sep 2011	Message Posted: May 30, 2012 11:25:25 PM Ignore liz72601 Report Abuse cool
feistyfella All-Star Author Detroit Posts:921 Points:212,745 Joined:Jun 2010	Message Posted: May 30, 2012 11:22:40 PM Ignore feistyfella Report Abuse Nice.
kcboy Champion Author Utah Posts:4,089 Points:1,533,170 Joined:Jun 2005	Message Posted: May 30, 2012 11:21:57 PM Ignore kcboy Report Abuse Ok but it is still to much money.
Shakleelady31 All-Star Author Fort Wayne Posts:594 Points:422,865 Joined:Jan 2012	Message Posted: May 30, 2012 11:21:52 PM Ignore Shakleelady31 Report Abuse Interesting.
IUVidiot Champion Author Indiana Posts:3,725 Points:736,160 Joined:Jun 2011	Message Posted: May 30, 2012 11:16:38 PM Ignore IUVidiot Report Abuse k
saleboss Champion Author Phoenix Posts:3,954 Points:1,184,550 Joined:Feb 2006	Message Posted: May 30, 2012 11:16:23 PM Ignore saleboss Report Abuse How much is it worth when the battery needs to be replaced at year 5?
DaNewt Veteran Author Illinois Posts:457 Points:101,180 Joined:May 2011	Message Posted: May 30, 2012 11:16:18 PM Ignore DaNewt Report Abuse Ever look into the repair costs down the road? At the DEALER, where we all know you get the most competitive pricing :( As far as the 7500 tax break... they'll just raise the taxes on 'everyone' not just the Leaf owners. Now that's fair, right?
luvmyburgi Champion Author Ohio Posts:5,967 Points:986,945 Joined:Sep 2005	Message Posted: May 30, 2012 11:15:44 PM Ignore luvmyburgi Report Abuse WOW!!!!!!!!!!!!!!!!!!
aggietim Champion Author Fort Worth Posts:1,826 Points:716,225 Joined:Oct 2008	Message Posted: May 30, 2012 11:13:44 PM Ignore aggietim Report Abuse wow
ClevelandWheele Veteran Author Florida Posts:308 Points:285,185 Joined:Dec 2010	Message Posted: May 30, 2012 11:09:16 PM Ignore ClevelandWheele Report Abuse Blah blah
iamforiu Champion Author Indiana Posts:3,710 Points:738,465 Joined:May 2011	Message Posted: May 30, 2012 11:07:11 PM Ignore iamforiu Report Abuse k
toneOH All-Star Author Ohio Posts:551 Points:32,195 Joined:May 2011	Message Posted: May 30, 2012 11:05:14 PM Ignore toneOH Report Abuse k
SandeeC Champion Author Ontario Posts:3,124 Points:476,535 Joined:Apr 2011	Message Posted: May 30, 2012 11:02:26 PM Ignore SandeeC Report Abuse Sounds good but I still wouldn't buy one. And the battery issue is still there.
porotito Champion Author Houston Posts:2,234 Points:603,640 Joined:Dec 2010	Message Posted: May 30, 2012 10:58:05 PM Ignore porotito Report Abuse Good investment then...if it doesn't blow up.
WBBNC Veteran Author North Carolina Posts:499 Points:488,640 Joined:Jan 2011	Message Posted: May 30, 2012 10:57:15 PM Ignore WBBNC Report Abuse I'm still not buying it